201-COMMERCIAL-BANKING-FUNCTIONAL Online Practice Questions and Answers

True or False: Appending 'tool-' OR 'action-' to the beginning of an App Name on the Route object will make the Route display in the Magic Wand.

A. True

B. False

True or False: The Product Catalog can dictate the type of placeholders that render in Document Manager.

A. True

B. False

Which of the following is a Data Loader option?

A. Side Slide

B. Update

C. Check and Return

D. Secondary Delete

Select the options that best summarize what a Product Package is. (Choose all that apply)

A. Aggregation of Loans and ancillary data (Fees, Collateral, etc.)

B. Bulk Actions to Loans (Modify/Renew, Submit for Approval, Review)

C. Manage Relationship Statistics

D. Unified Credit Memo and Forms Gen

What Icon represents a Loan record in nCino?

A. Money Bag

B. Small Green Man

C. Coin

D. Folder

Which nCino feature is required to be utilized when setting up multi-tiered loan structure?

A. Credit Memo

B. Rate Structure

C. Product Package

D. Spreads

True or False: When Creating a New Route you should always click the New Button.

A. True

B. False

Which Risk Grade Factor Type would you use for a number based selection?

A. Quantitative

B. Qualitative

C. Template

D. Unit

What Collateral MGMT Placeholders are generated in Loan Docman when Collateral is pledged?

A. Those flagged with "Import Me" checkbox

B. All Placeholders

C. 5 Oldest Placeholders

D. Only Approved Documents

E. Those marked as in file

True or False: When curating data in an excel sheet, leading zeros are sometimes hidden.

A. True

B. False